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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Phenix City at 3013 3rd Ave, Phenix City, AL, 36867 earns $341/mo cash flow from $2,131/mo rent with a $1,552/mo payment. Total monthly income totals $2,131/mo, and annual cash flow totals $4,095/yr on $105,086 capital. ROI tracks 23.81% on current figures, and rental yield reads 8.07% at a $317,000 purchase. Equity gained on principal adds $2,046/yr, and 5% annual appreciation supports $87,581 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash sums $129,321. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,131/mo property income instead of your personal income.
Single Family
Built in 1973
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36867, Phenix City, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,988 (100%) |
| Owner Occupied HU | 4,689 (42.7%) |
| Renter Occupied HU | 5,283 (48.1%) |
| Vacant Housing Units | 1,016 ( 9.2%) |
| Median Home Value | $205,048 |
| Average Home Value | $271,717 |
Residential
10,181
Single Family
8,150
Multi-Family
2,031
Businesses
738
Date | Event | Price |
|---|---|---|
| 2017-03-31 | Sold | $81,700 |
| 2017-01-19 | Price change | $81,900 |
| 2016-12-07 | Listed for sale | $86,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | N/A | N/A | $16,880 | 11.94% |
| 2022-09-04 | N/A | N/A | $15,080 | 9.12% |
| 2021-09-04 | N/A | N/A | $13,820 | 11.63% |
Listed by: Holley Haines • Bowden Realty
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E101683
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
